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Search Results 0 to 49 of about 105 (some duplicates have been removed)
will nominate his chief of staff jack lew as the next treasury secretary a little more than two hours from now. connell: joining us now is from the "wall street journal." >> he will be directing economic policy for the president and he's a long-time washington insider. he worked for tip o'neil. he worked for bill clinton. he's worked on the budget for president obama. [talking over each other] >> there is a revolving door there. he did go in 09 and he came out with a lot of money despite the fact that citi bank was limping along and had to be helped out by the government. dagen: when he worked just as one example in the clinton administration he was considered reasonable but not now. why? >> i think the big part of it is how he performed when he worked for president obama in the first term. but it's also i think most people expect him to be very much like an alter ego of the president. he subscribes to the ideas that the president has, that the big problem in this country is not how to create wealth, but how to redistribute it. that's really our challenge. just have to figure out how to get th
'm chortling here because of your outrage over the $1 trillion coin matched with your outrage over jack lew, i can't figure out which is mor amusing. should we put that in the democratic party platform? >> it already is, that's what's amusing. >> very good, very good. >> let's talk about jack lew for a second. normally this position should go to somebody from the finance world. i think that, unfortunately, that's very difficult to do that because the finance world had a lot to do with the crash in 2008. but normally those are the best people for this job. for treasury. and if you look at george w. bush, his first two people were quite able, especially paul o'neill, but they did not, were not able to do the treasury the way paulson did, which helped us get out of this dreadful problem that we had that started in 2008. so it is good to have a finance person. on the other hand, i believe you're wrong about omb. jack lew's been a terrific director of omb and most importantly, he absolutely does have a lot of foreign policy experience. when you're the chief of staff to the president of the united s
some on capitol hill. correspondent shannon bream on the nomination of jack lew. >> i cannot think of a better person to continue tim's work at treasury than jack lew. >> reporter: president obama nominating a new man to head the treasury department but signaling plans to continue with the fiscal policy the administration relied on in the first term. white house says lew has a keen understanding of domestic and international issues that impact the u.s. economy and point to the track record. >> under president clinton he presided over three budget surpluses in a row. with the talk of deficit reduction, making sure the boog are balanced this is the guy who did it. three times. >> reporter: republican opponent, senator jeff sessions chief among them say jack lew is the wrong man for the job and without then house speaker newt gingrich refusing to allow more government spending the budget achievements would never have happened. sessions without qualification, accuses lew of lying to congress when testifying about the president's fiscal policy and plans. >> he is consistently and delibe
to kero television in taft for help covering the story. >> up next, jack lew treasury secretary. i don't think they're going to mint the twin dollar coin. if that do they will put a squiggly on top and squall -- call it a day. ÷÷ >> shepard: 14 minutes before the hour now on "studio b." the president nominating his current chief of staff, jack lew, to replace tim geithner. before jack lew joined the white house administration he served as the chief operating officer of citigroup's global wealth management and served as president bill clinton's budget director and crafted a bipartisan agreement that sparked budget surpluses. the president said the loss of jack lew as his chief of staff will be the country's gain. >> i trust his friendship, very few people with greater integrity than the man to my left. so i don't want to see him go because it's working out well for me to have him here in the white house. >> shepard: but he already had some strong opposition. especially from the top republican lawmaker, jack session, who said, jack lew must never be secretary of the treasury. we ha
learned you were speaking that honey boo-boo has just replaced jack lew as the newly named treasury secretary. key you posted on that insight. >>> mint a trillion dollar coin so congress can keep spending? i wasn't take this seriously nil heard this. >> a position on this trim dollar coin business? >> there is no plan b, there's no backup plan. >> a little evasive in your answer. are you -- trying to leave room or not? >> there's no substitute for congress extending the borrowing authority of the united states. >> this is an option, a viable -- >> i think the only option here, there is no backup plan. the only action is for congress to died job. >> will you rule it out. >> you can speculate about a lot of things. >> just rule it out. it's stupid. when the white house not ruling it out. add that to nancy pelosi who says the president could use a 14th amendment to hike the debt limit. >> i would do it in a second. but i'm not the president of the united states. >> neil: and your know honey boo-boo either. former colorado state treasurer says it's time to stop the schemes to start addr
. as we await the nomination of white house chief of staff jack lew to be the next treasury secretary the big announcement set for about two hours from now the spotlight now turning on mr. lew's signature. take a look, this is it. better get used to the loopy letters because they could show up on all of our paper money. outgoing treasury boss, jenna is cocking her head side ways to read it. jenna: i'm thinking all the different ways you could counterfeit that, right? jon: doesn't really say anything. treasury secretary boss tim geithner had to improve what his signature looked like. it was kind of scrawling too. in order to fit on the money he improved it. white house press secretary jay carney was asked about lew's hand writings and whether he is practicing his signature. koorney said, not that i'm aware of. jenna: you remember grade school where they give you lines to follow to practice your penmanship? jon: one would think. jenna: how is your penmanship? jon: i think it is readable, shows my name but my penmanship is pretty awful. jenna: we may need to do a close-up shot. jon: i do
expected to nominate white house chief of staff jack lew later today to be the next treasury of the secretary, but if lou is confirmed he might consider sharpening that signature which will pretty much be on all u.s. currency. here it is loopy and arguably unreadable. current treasury secretary tim geithner said he had a similar problem before he took over. here it is before he took the job. and here what it looks like now. he improved his penmanship to make it easier for folks to read. i can't argue. have you seen mine? martha: it deteriorates with every passing year. bill: jack lew that --. martha: well it is the worst flu outbreak in at least a decade and doing a number on people across the country. the virus is reported in 41 states with nine states reporting high or severe levels of flu. boston's mayor says his city is under siege. he is declaring a public health emergency. the state of massachusetts reporting 18 flu-related deaths so far. the hospitals can barely contain all the people pouring into them. >> we're seeing significant rates of hospitalization, much more se
tim geithner at the treasury department. how jack lew's influence will impact your wallet. >>> plus, lance armstrong, heading to oprah. but will he confess to doping? my next guest calls it ridiculous. don't miss it. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ and save hundreds with our best offer. get an adt security system starting at just $49 installed, but for a limited time only. that's an instant savings of $250. don't leave your family's safety to chance when you can take advantage of these savings now. call or visit adt.com/tv. both: i had a break-in. man: by the time we called the police, there wasn't much they could do. i felt so helpless. adt quickly called the police. i felt like it was over right away. feels like it's still not over. we lost our digital photos, financial records, things that insurance simply can't replace. [ male announcer ] protect yourself with the fast
decided to nominate his current white house chief of staff, jack lew to secede timothy geithner. gloria, do we expect any serious opposition? >> well, there are going to be republicans who oppose him. senator sessions, the ranching republican on the budget committee came out and said he would not support jack lew. >> because? >> because of his testimony before the deficit committee and that the budget could be reduced. he said that's evidence that jack lew should not be confirmed. particularly on these fiscal matters, he did run the office of budget during the debt ceiling negotiations and i remember from covering those debt ceiling noish ags that republicans didn't like him very much, wolf. some of them said to me that jack lew kept moving the goal posts on them. yes, there will be opposition. for chuck hagel, no. i believe in the end jack lew will get confirmed. but i'll tell you this, the reason the white house put off the announcement of jack lew until tomorrow is because of the fiscal cliff. they didn't want it to get involved in the negotiations for the fiscal cliff. they felt tha
personnel announcements, the president does. secondly, i would say that jack lew, who is the president's chief of staff, has been and continues to be an extremely valuable adviser to the president. >> that was press secretary day carney, punking the white house press corp, and not announcing that the president plans to announce jack lew to replace tim geithner. the president is expected to do that tomorrow. and hilda solis announced she will resign, while attorney general eric holder announced he will stay on for a second term. jay carney was asked this question about jack lew. >> working on a signature. >> the treasury secretary's signature, you see, appears on all reserve notes, dollar bills during his tenure. here is jack lew's signature, it really is. and here is what jack lew's signature would look like on a dollar bill. not everybody can have the style of john hancock. it was once said that the president had the handwriting that neared that of an illiterate. and of course, there is this, that signature? it may be more legible than jack lew, tim geithner's signature became the ver
chief of staff, jack lew, to be the next treasury secretary but the announcement is drawing attention to the makeup of the president's second-term cabinet. it's on track to be dominated by men. our white house correspondent brianna keilar is joining us from the white house. what is the white house saying about all of this? >> reporter: wolf, the white house has been asked about this quite a bit. white house press secretary jay carney has said that the president believes diversity is important and he's highlighted that there are a number of women serving in the white house and in the administration and indeed there are, wolf, and there's lack of topics in his cabinet. president obama choose a trusted insider to replace timothy geithner as treasury secretary. >> under president clinton, he presided over three budget surpluses in a row. so for all of the talk out there about deficit reduction, making sure our books are balanced, this is the guy who did it three times. >> reporter: jack lew, obama's chief of staff and former budget director, has been by the president's side through bruisi
get away with it. >> the president's can natural takes place. jack lew will be nominated to replace tim geithner. >> and today a team of federal investigators are focusing on why a commuter ferry slammed into a manhattan peer. people were wounded, one critically. >> people were on the ground. >> there's been an explosion in greece claiming the car booming is related to the defense ministry. >> a dozen of killer whales are trapped under sea ice. >> oscar nominations are out, "lincoln" leading with 12. >> barry bonds, roger clemmen, sammy sosa all face accusations of steroid use shut out by the baseball hall of fame. >> off the window to himself! >> turning on the channel right now. >> they clearly don't know the contact. >> all of that matters. >> hillary clinton made the first public comments after off a month dealing with a concussion and blood clot. >> i'm thrilled to be back. >> the president hosted a screening of 1600 penn with send tars who keep embarrassing the white house. as joe biden put it, why is everything looking? >>> welcome to "cbs this mor
republicans. >>> white house chief of staff jack lew will be nominated to replace treasury secretary timothy gooeithner. >>> those expected to stay on for the second term incruding attorney general eric holder. kathleen sebelius, arne duncan and a few others. >>> jack lew's signature which looks like a series of loops will be featured on american money, that looks like fun. >>> the french wine lobby in the u.s. is upset about part of the menu at the president's inauguration, because it didn't come from the champagne region of france, they complain the bottles of the inaugural wine should not be called sham pine according to american law. >>> beyonce will sing the national anthem at the ceremony. james taylor will be singing "america the beautiful." >>> walmart which else is the most guns in the u.s., wasn't planning on sending anyone to the meeting at the white house. now a company spokesman said, quote, we underestimated the expectation to attend the meeting on thursday in person so we're sending someone to represent. >>> john kerry joked that his cure for jet lag is listening to one of his
jack lew is expected to be nominated as secretary of treasury replacing timothy geithn geithner. underscoring a focus within the white house on the fiscal battles to come. including a showdown on the debt ceiling. look at his signature. here's what it would look like on its dollar bill. it makes my chicken scratch look good. >>> hilda solis announced that she's resigning. eric holder is staying on at least for now. also remaining on the job secretary of health and human services kathleen sebelius. ray lahood the only republican in the cabinet hasn't signaled whether or not he's leaving this administration. >>> hill kri clinton will be stepping down from her post in the coming weeks. we're not going to call it retirement? >> retirement? >> i don't know if that's the word i would use. certainly stepping off the very fast track for a little while. >> the obama administration pushing back after a picture taken in the oval office, this image by the photographer was featured on the front page yesterday of the "new york times." a group of men meeting with president. with top positions
why jack lew needs to work on his signature if he wants to be treasury secretary. >>> live in palo alto where there are numerous cases of women being sexually assaulted and we will tell you about the numerous cases here in the parking lot. >>> and the drive is not a bad drive at all, we will tell you more about the morning commute and the bay area weather. . >>> all right, welcome back, here is a quick look at some of the top stories we are following. a caster county man is facing charges in a bizarre drug case. he is accused of having a 5- foot alligator in his house guarding his marijuana. officials say he was right next to 34,000 marijuana buds valued at $134,000. a man convicted of murder said he killed his 89-year-old mother. dennis stanworth was out on parole for a life prison sentence for killing two teens in 1966. >>> and vice-president joseph biden is looking for ways to reduce gun violence. today he will be meeting with gun owner's groups, hunters and also representatives from the entertainment industry. >>> a flasher is on the loose on the peninsular. janine de la vega j
's here live next. and today, president obama nominates jack lew to be the next treasury secretary, geithner is going. he takes new heat why his last four cabinet nominees are all white men. da dana perino reminds us how they were mocking mitt romney's binder of women comment. and georgia in the middle of the gun debate after a mother was forced to use a gun to defend herself and her children after a burglar was breaking into the home. and we hear it in real time as police release the 911 call. >> if he opens that door, you shoot, you shoot him, you understand? ♪ you know my heart burns for you... ♪ i'm up next, but now i'm sging the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! cue up alka-seltzer. it stops heartburn fast. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. [ male announcer ] you've reached the age where
for the second term. this afternoon, he'll announce that white house chief of staff, jack lew, is his pick for treasury secretary. that means for the first time in years, all of the premier cabinet positions will be covered by money. jon karl is covering the shuffle in the white house. good morning, jon. >> reporter: good morning, george. some critics aring le inlooking emerging second-term cabinet and wondering, where are the women? today, jack lew for treasury secretary. earlier this week, chuck hagel for defense. and john brennan for cia. and before that, john kerry for secretary of state. four top appointments since the election. four men. and then, this. "the new york times" published the white house photograph wednesday, showing the president speaking with top advisers in the oval office. ten people visible, all men. and late wednesday, labor secretary, hilda solis announced e's leaving. the third woman in the cabinet heading for the exits. all this prompted "washington post" columnist, ruth marcus, to quip, it's "mad men" goes to washington, except peggy's leaving. >> it's time for
says jack lew must never be secretary of the treasury. january none bream is at the white house. why? >> well, shepard, he, like many other republicans on the hill say that lew is the wrong man for the job because they call him a big government liberal. someone who has blocked them at every turn when they have tried to pass more spending cuts essentially. you know it's a very sore topic here in washington. you mentioned that sessions is the top republican on the budget committee. he told me today that two years ago when lew testified he lied. those were session's words. here is a bit more of what he had to say. >> we just can't have somebody who can't acknowledge, can't look the american people in the eye and tell them the truth about our financial condition. >> following lew's formal nomination here at the white house a number of other republican senators sent out reactions saying they are going to have an open mind. they will listen through the vetting process in the senate. most of them are inclined at this point to vote no. shep? >> shepard: much of the word we are getting this i
chief of staff, jack lew, to be the new secretary of the treasury. he will be a key player in the coming battles over the budget and raising the federal debt limit. lew previously served as budget director, and he was an executive with the banking giant citigroup. now, any idea what this is? you could be seeing a lot of it. it is jack lew's signature which would appear on the bills in your pocket just like that unless he takes a penmanship lesson from tim geithner, whose signature looked like this until he became treasury secretary and made it legible. secretary of state hillary clinton told reporters today that she is thrilled to be back at work, but she said it is bittersweet because she will soon be stepping down. the secretary said she wouldn't call it retirement, just stepping off the very fast track for a little while. we'll tell you why some of baseball's biggest stars didn't make the hall of fame today. an interview on the lance armstrong investigation is making news. did the cyclist try to buy his way out of a doping investigation? and what could be the worst wildfire in the wor
suit. >> i think it's great. >> agree. eight minutes after the hour. and jack lew, what an interesting signature this man has. if jack lew, president obama's nominee for treasury secretary gets the gig this scribble may be on all of your money. lew may have the most illegible signature of all time. look at it. it's nothing but a doodle. like nine loops in a row. >> that is something my 2-year-old would do. >> on treasury secretary. yesterday president obama assured the world that the american dollar is, in fact, safe. >> i had never noticed jack's signature. and when this was highlighted yesterday in the press, i considered rescinding my offer to appoint him. jack assures me that he is going to work to make at least one lett lett letter legible, should he be confirmed as secretary of treasury. >> this is what his signature would actually look like on the dollar bill. that's just awful. >> is it third grade when they focus on your handwriting skills and penmanship? maybe he can sit in on a class. >> the treasury secretary wants to audit your class. >>> nine minutes past the hour. yester
: this could be a battle, a battle over the president's nomination for jack lew as treasury secretary. republican senator jeff sessions has become the first senator that vows to vote no on that nomination. white house spokesman jay carney with this comment just yesterday that got some attention about our out of control debt. >> most importantly, because deficit reduction is not a goal, a worthy goal unto itself this is all about making our economy stronger and making it more productive and allowing it to create even more jobs. i mean that is the most important thing when it comes to economic policy as far as the president's concerned. bill: okay. steve hayes, senior writer, "weekly standard", fox news contributor. interesting comment i think at a minimum. specifically on senator sessions, strong words. lew must never be treasury secretary. he calls outrage just testimony, testimony that he doctors false, that lew gave to the senate budget committee two years ago. there is baseline of information we need to share first of all. what is that about the testimony? >> well, i think the thin
obama tapped jack lew to be the next secretary of the treasury. lew, a man i believe of good and strong values, currently is the president's white house chief of staff. before that he was director of the office of management and budget. the president urged congress to confirm him quickly. >> jack has my complete trust. i know i'm not alone in that. in the words of one former senator, having lew on your team is the equivalent as a coach of having the luxury of putting somebody at almost any position and knowing he will do well, and i could not agree more. >> that man standing there, jack lew, looks exactly the same when he was 25 years old working next to me in tip o'neill's office, exactly the same. i don't believe it. lew's nomination signals the president is putting on the upcoming budget battles with congress. we'll be right back. for over 60,000 california foster children, nights can feel long and lonely. i miss my sister. i miss my old school. i miss my room. i don't want special treatment. i just wanna feel normal. to help, sleep train is collecting pajamas for foster children, bi
. if confirmed, you'll be seeing a lot more of this. that is jack lew's looping signature on every new green back that is printed. it's been described as a slinky that lost its spring. lew says he'll make his name more legible if he does get the job. >>> and vice president joe biden meets with the nra today as the debate over gun violence intensifies. it could be a tough sell since the group already says it opposes any new restrictions. among those speaking out is new york's governor. andrew cuomo is urging lawmakers in his state to close loopholes on the state's assault weapons ban. >> this is not taking away people's guns. i own a gun. i own a remington shotgun. i've hunted. i've shot. that's not what this is about. it is about ending the unnecessary risk of high capacity assault rifles. that's what this is about. >> he was quite fired up today. yesterday rather. results of a new study are sure to fuel the already intense debate over guns. the u.s. sees far more violent deaths than any other wealthy nation. due in part to the widespread possession of firearms and the practice of storing them un
, but president obama could announce his new pick for treasury secretary as soon as today. jack lew is reportedly the current's -- could be his nominee. he's currently the chief of staff, also a former budget director, as well. insiders say he's the best person to take on the many looming battles with congress that are coming up, including the battles over the debt ceiling and those pending budget cuts. if confirmed, you'll be seeing a lot more of this. that is jack lew's looping signature on every new green back that is printed. it's been described as a slinky that lost its spring. lew says he'll make his name more legible if he does get the job. >>> and vice president joe biden meets with the nra today as the debate over gun violence intensifies. it could be a tough sell since the group already says it opposes any new restrictions. among those speaking out is new york's governor. andrew cuomo is urging lawmakers in his state to close loopholes on the state's assault weapons ban. >> this is not taking away people's guns. i own a gun. i own a remington shotgun. i've hunted. i've shot. that's not
the presidential cabinet. this afternoon, president obama will nominate jack lew secede timothy geithner as secretary. he's currently the white house chief of staff and budget director. he will be nominated at 1:30 this afternoon and we'll stream it live on nbcwashington.com. don't miss it. >>> talk about funny money, cash may look loopy if lew is confirmed. doesn't this look like a scribble? it's his signature. the treasury secretary's signature appears on all printed money so these loops may pop up on fives, tens and 20's. outgoing treasury secretary timothy geithner's signature improved greatly when he took office. >>> the president is also now looking for a new labor secretary. hilda solace resigned yes and will likely return to california and run for a seat on the los angeles county board of supervisors. three say they'll stay on, attorney general eric holder health & human services secretary kathleen sebelius. look closely at president obama when he takes the oath of office during his second inauguration. you'll notice he'll have his hand on two bibles. one was used by abraham linc
his long-time chief of staff, jack lew, to be the next treasury secretary. so far, the only huge controversy surrounding the harvard educated two-time head of omb is his signature, which has been affectionately compared to a 6-month-old less loose with a crayon. if lew is confirmed, that signature goes right on the money. >>> starting pictures dread it, baseball fans know it well, it's the call of the bullpen and it may never be the same. t-mobile handing out samsung galaxy smartphones to major league teams to replace the handset and the cord. and since the call to the bullpen itself is sponsored these days, and seemingly everything in baseball is sponsored these days, they couldn't pass up this opportunity to step boldly into the cordless future. >>> finally, the headline on the forbes website is scary. it reads, doom's day astroid bigger than expected. they're talking about a football-field-sized astroid called 99942 apophis, and while it will pass by tonight, when it comes back in the year 2029, it will pass so close, just over 30,000 miles, it's going to be visible in broad d
dominant position. >>> barack obama officially nominated jack lew to replace timothy geithner overnight. speaking from the east room of the white house, the president made it clear just why he made this move for the post. >> over the past year, i've sought jack's advice on virtually every decision i've made from economic policy to foreign policy. and one reason jack has been so ekive in this town is because he is a low-key guy who prefers to surround himself with policy experts rather than television cameras. and and to hear who has been nominated for obama's cabinet, senator john kerry to replace hillary clinton as secretary of state, jack lew to replace timothy geithner and chuck hagel to as secretary of defense. tinny, good to see you. happy new year. >> happy new year to you, too. >> nice to see you. what do you make of the reshuffle? >> well, they are not surprising choices. there's a lot of discussion about whether obama's second term means changes or continuity. i'd use another key term which is consolidation. i think his cabinet are loyalists and insiders. they'll help move forw
are eligible for low-interest emergency loans. president obama is expected to soon name jack lew the new head of the treasury department. lew currently serves as white house chief of staff, but is reportedly the president's pick to fill the role as head of the treasury which will be vacated by timothy geithner following the inaguration. lew has served as budget director under both president obama and president clinton. he is also a wall street alum, as citigroup's managing director before heading to capitol hill. talks on gun control led by vice president joe biden are underway, with the vp promising something will be done to avert mass shootings in america. "urgent action. and the president and i are determined to take action." biden is hosting a series of meetings with people from all walks of life to discuss gun control. that includes walmart, the nation's largest seller of guns and ammunition. earlier, it was reported a rep would not attend the meetings; but later the retailer said it would send an approriate representative. morgan stanley is cutting back on its senior staff in its lates
Search Results 0 to 49 of about 105 (some duplicates have been removed)